Download Any Book Income Growth and the Distributional Effects of Urban Spatial Sorting
Income Growth and the Distributional Effects of Urban Spatial Sorting High quality books
Income Growth and the Distributional Effects of Urban Spatial Sorting
By:Victor Couture,Cécile Gaubert,Jessie Handbury,Erik Hurst
Published on 2019 by

We explore the impact of rising incomes at the top of the distribution on spatial sorting patterns within large U.S. cities. We develop and quantify a spatial model of a city with heterogeneous agents and nonhomothetic preferences for locations with different amenities of endogenous quality. As the rich get richer, their increased demand for luxury amenities available downtown drives housing prices up in downtown areas. The poor are made worse off, either being displaced or paying higher rents for amenities that they do not value as much. Endogenous provision of private amenities amplifies the mechanism, while public provision of other amenities in part curbs it. We quantify the corresponding impact on well-being inequality. Through the lens of the quantified model, the change in the income distribution between 1990 and 2014 led to neighborhood change and spatial resorting within urban areas that increased the welfare of richer households relative to that of poorer households by an additional 1.7 percentage points on top of their differential income growth.
This Book was ranked at 3 by Google Books for keyword Distributional effects.
Book ID of Income Growth and the Distributional Effects of Urban Spatial Sorting's Books is 3HREyQEACAAJ, Book which was written byVictor Couture,Cécile Gaubert,Jessie Handbury,Erik Hursthave ETAG "j742LowRkEs"
Book which was published by since 2019 have ISBNs, ISBN 13 Code is and ISBN 10 Code is
Reading Mode in Text Status is false and Reading Mode in Image Status is false
Book which have "57 Pages" is Printed at BOOK under CategoryGentrification
This Book was rated by Raters and have average rate at ""
This eBook Maturity (Adult Book) status is NOT_MATURE
Book was written in en
eBook Version Availability Status at PDF is falseand in ePub is false

Book Preview

Comments
Post a Comment